Elon Musk and Donald Trump are an unlikely duo, teaming up to take on Kamala Harris, who is gaining ground in the polls. On Monday, the two men met on X (formerly Twitter) for a frank discussion. To everyone's surprise, despite their close ties to the crypto world, the topic was carefully avoided, leaving the crypto community perplexed.
Trump and Musk: The incredible tandem facing America's challenges
According to polls on Polymarket, Kamala Harris crushes Trump, probably a popularity gained thanks to a new pro-crypto strategy. As for the interview between the former president of the USA and Elon Musk, awaited by millions of listeners on the X platform, it offered a show that is both entertaining and confusing.
While The two men discussed various topics such as inflation, economics, and international politics, The topic of crypto, which is crucial for many of their supporters, remained completely absent from the conversation.This silence is all the more surprising given that Musk, as a pioneer of technology and cryptos, played a key role in their popularization.
Elon Musk is said to currently own up to 20% of the total supply of Dogecoin (DOGE).
Expectations were high, especially after the recent conflicts between the SEC and crypto industry giants. The community hoped that Musk, with his growing influence over Trump, would address crypto policy, or at least the regulatory issues rocking the sector.
But instead, the billionaire focused on his desire to see the formation a ” Commission for Government Efficiency “, even offering to participate actively.
Meanwhile, Trump, true to form, has been critical of the Biden administration, blaming inflation for devastating Americans’ purchasing power. However, he did not repeat his decision to fire Gary Gensler at the Nashville Bitcoin Conference.
Topics covered during the interview included:
- Inflation and the state of the US economy;
- Criticism of government regulation, particularly by the FDA;
- Discussion on a “commission for government efficiency”…
The lack of discussion on cryptos is all the more notable since both protagonists are perceived as close to this industry. Musk, via Tesla and its involvement in crypto markets, and Trump, who had already shown some interest in Bitcoin, have nevertheless avoided the subject, much to the chagrin of cryptocurrency enthusiasts.
It is possible that this omission is a deliberate strategy, a way for Trump to stay focused on themes deemed more “mainstream » as the elections approach.
Crypto and DDoS: A Duality of Defense and Omission
A few hours before the interview, Musk's X platform hit by massive DDoS attack. Despite stress tests carried out the day before, the attack caused a disturbanceillustrating the persistent vulnerabilities of digital infrastructures.
This context gave Musk an opportunity to discuss the technical challenges facing modern businessesespecially those involved in cryptos.
And yet, neither the cybersecurity related to these virtual currencies nor the legal implications of the recent battles between the SEC and the crypto industry were discussed.
Elon Musk used this interview as a platform to promote his vision for a more effective administration under Trump, while positioning himself as a potential actor of this change. Didn't he offer to become Donald Trump's unexpected crypto advisor at a certain time?
This lack of dialogue on such a hot topic leaves room for speculation. Musk, who has sometimes supported the rise of cryptocurrencies, sometimes sown doubt by displaying a complex relationship with these assets, seems to be playing a cautious game. The question remains: is this caution the sign of a new strategy, or simply a distraction from more immediate priorities for the 2024 election?
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